You are here

Berkshire to buy P&G's Duracell in stock swap

Warren Buffett's firm will turn over US$4.7b of P&G shares it holds

BT_20141115_BUFFETT15_1368575.jpg
MR BUFFETT: Berkshire's chairman is narrowing his company's equity portfolio

New York

BERKSHIRE Hathaway Inc has agreed to buy the Duracell battery business from Procter & Gamble Co (P&G) in a stock swap as chairman Warren Buffett narrows his company's equity portfolio and extends a bet on operating businesses.

Berkshire will turn over US$4.7

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom